Gas tops $3 a gallon, hitting 25-year high

Bush told to plan for Chávez oil shock

"Venezuela's leverage over global oil prices and its direct supply lines and refining capacity in the US give Venezuela undue ability to impact US security and our economy," Mr Lugar wrote in his letter to Ms Rice.

Iraq ready to restart northern oil pipeline

LONDON - Iraq has completed repairs to one of two sabotaged oil pipelines that export crude from its northern fields to Turkey and aims to restart the flow this week, Iraq’s oil minister said on Sunday.

India: Soaring oil takes us for a ride

Discontent clouds Angola's oil boom

...On the outskirts of the African nation's bustling capital of Luanda, the talk is not of a more prosperous future but rather of a stolen one.

Led by a collection of reformed Marxists and Western-leaning technocrats, Angola's government is struggling to convince sceptical citizens that it will use the proceeds of vast oil reserves to improve living standards in a country shattered by a brutal 27-year civil war.

100º - get used to it

They were the images that finally demonstrated the irreversible climate change now taking hold in Britain. Where green parklands once provided cool refuges in our cities, newspaper photographs last week showed them to be bleached, white landscapes. Reservoirs were revealed as cracked, arid deserts. And from Cornwall, pictures of the nation's first cage-diving trips for shark-watching tourists, an experience normally confined to Australia's Great Barrier Reef.

In addition, schools closed, steel railways buckled, and road surfaces melted.

[Update by Leanan on 07/24/06 at 12:02 PM EDT]

Will Mexico Soon Be Tapped Out?

A rapid demise of Cantarell, the country's chief oil field, could pose a serious economic threat.

Output at Mexico's most important oil field has fallen steeply this year, raising fears that wells there that generate 60% of the country's petroleum are in the throes of a major decline.

Production at Cantarell, the world's second-largest oil complex, in the shallow gulf waters off the shore of Mexico's southern Campeche state, averaged just over 1.8 million barrels a day in May, according to the most recent government figures. That's a 7% drop from the first of the year and the lowest monthly output since July 2005, when Hurricane Emily forced the evacuation of thousands of oil workers from the region.